Silver is approaching another potentially significant turning point, with traders watching the Federal Reserve closely for clues about where precious metals could head next.
The market has already priced in a very high probability of a Fed rate hike. That raises an important question: what happens if the decision itself is no longer the surprise?
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PRICE
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